At the closing time 16 days ago, the number of stocks that rose in the Nikkei average composition was 53, while 172 stocks fell, and 0 stocks remained unchanged.

The Nikkei Average fell for the fifth consecutive day, closing the morning session at 39,093.46 yen (down 817.09 yen, -2.05% from the previous day) with an estimated volume of 0.8 billion shares.

The U.S. stock market fell on the 15th. The Dow Jones fell 324.80 points to 42,740.42, while the Nasdaq closed at 18,315.59, down 187.10 points. Banking earnings were well received, leading to an initial rise after the opening. Subsequently, a drop in the semiconductor sector led to a market decline. The decline in UnitedHealth Group, a managed healthcare company, also weighed on the Dow, causing major indexes to expand losses and close lower towards the end.

Due to sluggish orders and downward revisions in performance outlook for ASML Holding, semiconductor stocks like NVIDIA and the Philadelphia Semiconductor Index (SOX Index) fell by over 4% and 5% respectively, affecting the Tokyo market as trading started with a predominance of selling pressure on semiconductor stocks. After the opening, the Nikkei Average was sold off to just below 39,000 yen levels, but factors such as the exchange rate remaining around the 149 yen per dollar level provided support, resulting in a slowing decline.

Among Nikkei average constituent stocks, Laser Tech <6920>, Tokyo Electron <8035>, Screen HD <7735> saw significant declines of about 10% from the previous day, while semiconductor stocks like Disco <6146>, Socionext <6526>, Renesas Electronics <6723> stood out for their declines. Additionally, a sharp deterioration with August machinery orders falling significantly year-on-year and month-on-month led to selling pressure on machinery stocks such as Yasukawa Electric <6506>, SMC <6273>, NSK Ltd. <6471>, Omron <6645>, Fanuc <6954>, Nidec <6594>.

On the other hand, Taisei Corporation <1801>, Obayashi Corporation <1802> both benefited from domestic securities companies upgrading their ratings, leading to prevailing buying sentiment. Large construction stocks like Shimizu Corporation <1803>, Kajima Corporation <1812> also overall remained firm. In addition, Tokyo Tatemono <8804>, Sumitomo Realty <8830>, Tokyu Fudosan HD <3289>, Mitsui Fudosan <8801> and other real estate stocks were also bought.

By industry, precision instruments, electric appliances, machinery, chemicals, glass & stone products declined, while real estate, insurance, construction, electricity & gas, and banking sectors rose.

The top contributor to the decline was Tokyo Electron Ltd. unsponsored ADR <8035>, which pushed the Nikkei average down by about 260 yen with 1 stock. The second place was SoftBank Group <9984>, followed by Lasertec <6920>, Fast Retailing <9983>, TDK <6762>, Shin-Etsu Chemical <4063>, Disco <6146>, and others.

On the other hand, Fujikura <5803> contributed the most to the price increase, pushing the Nikkei average up by about 2 yen with one stock. The second place was taken by Otsuka Holdings <4578>, followed by Obayashi <1802>, Sumitomo Fudosan <8830>, ZOZO <3092>, Aeon <8267>, Taiyo Construction <1801>, and others.

*As of 11:30.

Nikkei Average Stock Price 39093.46 (-817.09)

Number of rising stocks 53 (Contribution +27.03)

Number of falling stocks 172 (Contribution -844.12)

Number of unchanged stocks 0

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution